ADB approves $400M loan for PH

Nov 15, 2023 12:53 am

THE Asian Development Bank (ADB) has approved a $400-million loan to strengthen the government's revenue mobilization.

In a statement on Tuesday, the Manila-based lender said the loan would help the country achieve its medium-term fiscal strategy and finance its post-pandemic economic recovery through modernizing tax administration, systems and processes.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Carlota's way

PH economic growth fell within 6-6.5% in Q3

US budget deficit widens to $1.8T

Google wins delay in opening Android app store

BSP reduces bills volume offering

Why financial planning is key to success

Ayala sells Mynt stake to Mitsubishi for P18.4B